You are here

LionGold reports $11.5m Q3 loss

Fall into the red due largely to slump in other income to just $2m from $21.9m

LIONGOLD slipped into the red in the third quarter of its 2014 financial year, as a plunge in other income affected its bottom line. For the three months ended Dec 31, the firm made a net loss of $11.5 million, compared with a net profit of $7 million a year earlier. Revenue dipped 2.6 per cent